Reference no: EM133828159
Discussion Post: Consumers & the Supply Chain
Part I: The Consumer Perspective
In 2020, America learned a new term: supply chain. It was splashed across headlines and social media daily. In the early days, toilet paper, hand sanitizer, and mask scarcity affected households. As supply chain issues continued, many other consumer products were in short supply.
Module Discussion Resources
Supply Chain Definition (2022)
Are supply chain woes being exaggerated? (2022)
Opening Remarks by U.S. Secretary of Commerce at the 2022 Supply Chain Ministerial (2022)
How China's economic pitfalls are a sign supply chain problems might not be temporary (2022)
Look for media coverage of how consumers are affected by and feel about the ongoing supply chain disruptions. (Research Support Required. Use articles published in the last 12 months.)
Part II: The Effects of Hoarding
Consumers experienced unprecedented shortages. Many reacted by panic buying, hoarding, and excessive stockpiling.
Module Discussion Resources
Dispelling Supply Chain Myths (2022)
Computer chips face toilet paper hoarding moment as shortage turns to glut (2022)
CAPITAL IDEAS: The Beer Game (2022)
China admits its solar industry is hoarding materials (2022)
Search for media coverage of how consumer hoarding behavior is portrayed and how it affects the supply chain. (Research Support Required. Use articles published in the last 12 months.)